€885,000 $928,887
My Space Real Estate
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Pay in USD and save up to $32,511Key features
- Listing ID: 1176098 (1376)
- Bedrooms: 2
- Bathrooms: 2
- Total covered area: 119 sqm
- Verandas: 6 sqm
- Communal swimming pool
- Newly built
Description
INVESTMENT BENEFITS
Ezousa Suites are more than just a safe and secure investment, it is a chance for discerning buyers to be part of this pioneering 360 degree lifestyle of holistic living. Key benefits include:
- Based on 70% occupancy and a room rate of 225 Euro per night, the estimated average annual return is 5.8%.
- During the 10-year term, the property will be furnished, managed and operated by Minthis Resort Ltd as boutique suites with all hotel
services. During the term there are no additional ownership costs and all operating and maintenance expenses are covered by Minthis Resort Ltd.
- A recent law passed in 2019 allows the VAT of 19% to be claimed back when investing in integrated hospitality resorts, that are
operated by a vatable company like Minthis Resort Ltd.
- The construction of Ezousa Suites has begun, the delivery is scheduled in spring 2024.
- Stay at Minthis and enjoy the lifestyle in one of the Suites for 14 days each year.
Furthermore, as this is a unique product on an award winning world-class resort with unimaginable facilities, it is anticipated to have a high capital appreciation return of around 3% a year.
Disclaimer - Property reference 1176098. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.